glassnode: Tracking Market Momentum with On-chain Data - The Week On-chain 6, 2024 (Bitcoin Onchain Analysis)


Description

Subscribe to our second channel - Glassnode Clips - delivers bite-sized weekly analyses, offering insights into Bitcoin and the wider crypto market's trends, performance, and on-chain metrics. https://www.youtube.com/@glassnodeclips

On-chain data provides us with an incredible level of data transparency, which we can use to our advantage for tracking market momentum. In this session, we will explore several metrics that help us identify positive and negative market trends.

πŸ“° Written Report: https://glassno.de/3HOZKiE
πŸ“Š Live Dashboard: https://glassno.de/4bl6xhL

Topics for Discussion:
- Tools available to monitor positive and negative market momentum.
- Indicators of inflection points and shifts in direction.
- Confluence across several on-chain categories for robustness.

Key Dashboards
πŸ₯‡ Mastering Realized Cap Report: https://glassno.de/3PA7kCy
πŸ’Έ Mastering Realized Cap Dashboard: https://glassno.de/3YgoxUg
β™ŸοΈ Mastering MVRV Dashboard: https://glassno.de/3IRQB9k
πŸš€ Start your Glassnode Advanced free trial today: https://glassno.de/3QFXu0S
πŸ”¬ Technical Analysis Toolbox: https://glassno.de/3MPzgRv
πŸ“Ÿ Spotting Cycle Tops and Bottoms Dashboard: https://glassno.de/cycleextreme
🐻 Recovering From a Bitcoin Bear Dashboard: https://glassno.de/recoveringbear
🏦 Exchanges Dashboard: https://glassno.de/3RimWJY
πŸ’Έ Realized Profit Loss Dashboard: https://glassno.de/3H6c8dz
πŸ’΅ Pricing Models Dashboard: https://glassno.de/3J9hVkW
🌊 HODL Wave Dynamics: https://glassno.de/3xzSmTn
πŸ“ˆ Bitcoin Price Performance Dashboard: https://glassno.de/3UwBRCf
🦐 Shrimp Supply Sink Report: https://glassno.de/41hmhgp
πŸ“Š Realized Profit/Loss Momentum: https://glassno.de/3P6XkAq
πŸͺŸ Capital Rotation Dashboard: https://glassno.de/3P78rbu

Getting Started with Glassnode:
πŸ“ˆ Navigating Tops and Bottoms: https://glassno.de/3OpgSgA
⛓️ On-chain Activity: https://glassno.de/3xXM13Q
⛏️ Mining Fundamentals: https://glassno.de/3nnfL5m
πŸͺ™ Supply Dynamics: https://glassno.de/3NyhPlK
πŸ•°οΈ Introduction to Lifespan: https://glassno.de/3ehCmzn
πŸ’Έ Realized and Unrealized Value: https://glassno.de/3ExnCa1
πŸ‘΄ Long and Short-Term Holders: https://glassno.de/3QLUzCt

Timestamps
0:00 Introduction
2:12 Momentum Indicator Overview
5:18 Fee Revenue Z-Score
7:47 Exchange Inflow Momentum
10:16 Supply In Profit Trend
13:04 MVRV and AVIV Ratio Momentum
15:39 STH-MVRV Momentum
17:09 SOPR Momentum
19:58 Realized Profit / Loss Ratio Inflection Points
23:08 SLRV Ribbons Cross-over
25:07 Confluence Summary
28:21 Summary and Conclusions

Follow us and reach out on Twitter 🐦: https://twitter.com/glassnode
Join our Telegram channel: https://t.me/glassnode
For on-chain metrics and charts, visit Glassnode Studio: https://glassno.de/3oRNXaf

About:
The Glassnode video report provides a weekly analysis update of the trends, performance, and onchain metrics for Bitcoin and the crypto market.

Disclaimer:
This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.

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